The energy industry and coal-producing states are projecting a wave of power plant closures in the final two years of the Obama administration as Environmental Protection Agency regulations take hold.
The goal of the agency’s campaign is to cut down on carbon pollution. However, industry groups and agencies say the EPA’s demands are simply too difficult to meet and will lead to powering down many facilities — eliminating hundreds of jobs and hurting cash-strapped state economies.
“It’s a game we can’t win,” Alan Minier, chairman of the Wyoming Public Service Commission, told FoxNews.com.
The number of projected closures has steadily risen. Though estimates vary,according to the Institute for Energy Research a total of 37 states including Wyoming are seeing closures. The group lists nearly 170 plants that have closed or are closing, or are being converted to other purposes.
IER cites a handful of existing EPA regulations, as well as a major proposal to cut emissions from existing power plants. That calls for cutting emissions nationally by 30 percent of 2005 levels by 2030. The plan assumes emissions can be curbed through remedial action in four general areas: improved efficiency of coal plants, enhanced energy conservation measures, increased natural gas and renewable power generation.
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